What Happened to Three Day Rule After the Shark Tank Pitch?
What is the Three-Day Rule?
Three Day Rule is a matchmaking business that offers an unparalleled opportunity to find a serious relationship partner with the aid of a professional matchmaker.
The company is situated in the United States and provides customised, offline matching services to clients in a number of major cities.
Three Day Rule is a legitimate option for those who are weary of wasting time on several online dating sites in quest of the right person.
You may rest certain that the service will match you only based on your personality and preferences.
To begin, the 3-Day Rule is when you abstain from texting/contacting/messaging your potential new bae for three days in order to see whether he or she will periodically reach out to you first.
Who is the Founder of Three-Day Rule?
Valerie Brennan and Talia Goldstein created the Three Day Rule in 2013.
Talia graduated from Tulane University with a bachelor’s degree in communication and media and has worked as a producer for a variety of television networks.
Valerie met her at E! Entertainment. Valerie Brennan is a graduate of the University of Florida’s College of Law.
Talia retains her position as founder and president on the firm’s board of directors; however, Valerie appears to have departed the company to pursue a full-time legal career.
Both females seldom had the opportunity to go on dates due to their rigorous devotion to their respective careers.
They were unsatisfied with online dating services and the hassle of meeting men at bars who turned out to be improper.
Three Day Rule began as a light-hearted blog to which both female authors contributed.
It was oriented at women and covered topics such as where to go in Los Angeles to meet a particular type of person, as well as dating tips and coaching.
After determining that a large portion of their readership was male, they began matching readers and organizing events to connect singles.
It grew from there, and with the money flow provided by membership fees, Talia quit her job to pursue it full time, with Valerie following a year later.
With over 10,000 members and the confidence that there was a market for developing the idea online and into more venues, they began looking for investors to assist them in growing the concept via a dedicated website and membership.
What Happened to Three Day Rule at the Shark Tank Pitch?
Val Brennen appeared on Shark Tank season 4 episode 25 with the aim of obtaining a $200,000 investment in exchange for 10% of her Three Day Rule business. This corresponds to a $2 million valuation.
She asserts that “busy professionals deserve a better experience,” explaining the site’s registration process, screening for “fake” profiles, and marketing to higher-income users.
The company is “pre-revenue,” which means it has been online for a month but has not yet implemented their membership price scheme, which will cost $100 per month, which is rather expensive for an online dating service, especially given the exclusivity claims.
Brennen was already running a lucrative offline dating service with a prior year’s revenue of $70,000.
The Three Day Rule website is an organic expansion of her pre-existing company.
The Sharks are skeptical, as is frequently the case when intelligence is received late. “You have the ideal solutions,” Brennen is assured by Robert Herjavec.
Mark Cuban is intrigued by the uniqueness of Three Day Rule. Brennen maintains that her firm’s differentiation is due to the vetting process.
Mark Cuban – Cuban is curious as to whether there is a way to truly differentiate this site from others.
Mark is looking for a certain method in order to get entrance, but she provides no solid justification. Val states that they conduct thorough background checks on all clients, but this is inadequate to persuade him to invest. He has left.
Kevin O’Leary believes the market is too competitive and the risk is too great. He has left.
Daymond John states that he would never invest in another matchmaker and has exited the market.
Robert Herjavec and Val Brennan both expressed how much they enjoyed the journey. He adds that he expected Val Brennan to show to him why Three Day Rule is special among dating sites, but she did not, and as a result, he declares that he is also out.
Barbara Corcoran maintains that Val Brennan’s argument was unpersuasive and that she despises the label “Three Day Rule.” Barbara Corcoran is also gone for these reasons, and the Sharks have no interest in Three Day Rule.
What Happened to Three Day Rule After the Shark Tank Pitch?
Brennen was able to secure a contract with Match.com to oversee the company’s matchmaking capabilities despite the Sharks’ lack of excitement.
Three Day Rule was transformed to a more traditional model, replete with a free membership option, while the founders refocused their efforts on their existing offline dating service.
Brennen and her team were able to expand their matchmaking business without sacrificing their internet presence through their partnership with Match.
Three Day Rule’s initial foray into the dating market may have taken longer than three days.
As of December 2021, the firm is still in operation, with annual revenues of $5 million.
What is the Net Worth of Three Day Rule?
Val Brennen appeared on Shark Tank season 4 episode 25 with the aim of obtaining a $200,000 investment in exchange for 10% of her Three Day Rule business. This corresponds to a $2 million valuation.
Who are the Competitors of Three Day Rule?
Paktor, Tinder, SCRUFF, and Whim are among Three Day Rule’s biggest competitors.
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Three Day Rule FAQS
What is Three Day Rule?
Three Day Rule is a matching organization that provides a one-of-a-kind opportunity to locate a serious relationship partner with the assistance of a professional matchmaker.
How much does it cost?
The prices are not yet fixed, but they will be $100 per month.
How much money does it make?
In their month of operation, their income is $5 million.
How can they contact them?
They can visit their website at www.threedayrule.com or contact them through their email at [email protected]
They can also find further details through these social media platforms: Instagram, Pinterest, Facebook and Twitter.
When was Three Day Rule aired on Shark Tank?
Three Day Rule was featured on Shark Tank which aired on May 17th, 2013.
Where is the Three Day Rule website based?
Three Day Rule is headquartered in Los Angeles, California. Additionally, the corporation maintains offices in other major cities, including San Francisco, Washington, Philadelphia, Boston, New York, and Chicago.
How much was Valerie Brennan seeking in the Tank?
They sought $200,000 investment in exchange for 10% of her Three Day Rule business. This corresponds to a $2 million valuation.
What is their business model?
Three Day Rule is a matchmaking company that provides an exclusive service for clients seeking to
When did Three Day Rule start?
The company was officially founded in 2013
Did Three Day Rule get a deal on the Shark Tank?
Valerie Brennan did not get a deal from the Sharks.
What happened to Three Day Rule after the Shark Tank?
Valerie Brennan and her team were able to expand their matchmaking business without sacrificing their internet presence through their partnership with Match.com.
Is Three Day Rule still in business?
Yes, as of December 2021, the firm is still in operation, with annual revenues of $5 million.
